Bank of Nova Scotia Increases Holdings in SPDR Portfolio Short Term Treasury ETF $SPTS

Bank of Nova Scotia increased its position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 110.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,441,533 shares of the company’s stock after acquiring an additional 1,282,090 shares during the period. Bank of Nova Scotia owned approximately 1.18% of SPDR Portfolio Short Term Treasury ETF worth $71,276,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SPTS. Clearstead Advisors LLC boosted its position in SPDR Portfolio Short Term Treasury ETF by 103.6% during the fourth quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after acquiring an additional 426 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth about $25,000. Private Wealth Asset Management LLC purchased a new position in SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth about $26,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the 4th quarter worth about $27,000. Finally, Manchester Capital Management LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the 4th quarter worth about $36,000.

SPDR Portfolio Short Term Treasury ETF Price Performance

SPTS opened at $28.91 on Friday. SPDR Portfolio Short Term Treasury ETF has a 12 month low of $28.88 and a 12 month high of $29.40. The business has a 50-day moving average of $28.97 and a two-hundred day moving average of $29.12. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of -64.28 and a beta of 0.05.

About SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.